Water Allocation definition
Examples of Water Allocation in a sentence
The major subdivision, single-family dwelling construction standards and the project enhancements required pursuant to the Town's Water Allocation Policy (Ordinance # 00-00-00-000) are considered by the parties to be the minimum additions to the Town's corporate tax basis sufficient to enable the Town to finance the provision of municipal services to the Property.
Xxxxxxxxx has committed to Property enhancements as shown on the Master Subdivision Plan and as described in this Agreement in order to satisfy the Town's Water Allocation Policy and to supplement the tax base of the Town and contribute to the quality of life of current and future Town residents.
Operating under the current Water Allocation Policy, Developer acknowledges that it receives 15 base points for a single-family subdivision, and Developer acknowledges that it must achieve at least 35 bonus points.
Developer and Town acknowledge that the Master Subdivision Plan was submitted under the Town's Water Allocation Policy (Ordinance # 00-00-00-000) then in effect, which required a project be awarded at least 50 total points to merit water allocation.
Developer and Town also acknowledge that the Town's Water Allocation Policy (Ordinance # 00-00-00-000) now in effect awards a major subdivision 15 base points and requires a project be awarded at least 50 total points to merit water allocation.